Anthropic's revenue surpasses OpenAI, reaching $45 billion annualized with profitability.

ME AI message, according to monitoring by Beating, latest financial data shows that Anthropic’s annualized revenue has surged to nearly $45 billion, achieving a fivefold increase in the first five months of 2026 and surpassing OpenAI by approximately 35%. In contrast, OpenAI’s annualized revenue growth has significantly slowed, remaining in the range of $30–33 billion. At the end of last year, Anthropic’s annualized revenue was only $9 billion—less than half of OpenAI’s. This reversal has shocked the industry and added significant uncertainty to the upcoming IPO showdown between the two companies. Even more dramatic is the disparity in profitability. Thanks to strong enterprise demand for high-margin services, Anthropic is projected to achieve an operating profit of $559 million in the second quarter, with an operating profit margin of 5%, becoming profitable ahead of its rival. OpenAI, however, remains mired in severe losses due to hundreds of billions in server rental costs and the burden of supporting hundreds of millions of free users, posting an operating profit margin of -122% in the first quarter—equivalent to a net loss of at least $7 billion per quarter and an annual cash burn budget of $25 billion. Business model differences further highlight their respective positions. Anthropic focuses on selling code-writing and white-collar automation tools to enterprises, even including cloud provider distribution revenues in its accounting. In contrast, OpenAI must permanently cede 20% of its revenue to Microsoft and has been forced to scale back high-cost initiatives like the Sora video model to cut expenses. OpenAI’s CFO, Sarah Friar, previously expressed concerns over CEO Sam Altman’s rush toward going public—but faced with Anthropic’s stronger financial position and early profitability, OpenAI may now have no choice but to move swiftly to raise capital on the public markets. (Source: BlockBeats)